The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
On Friday, the data on retail sales in the UK were published, showing a 1% increase in August. The actual figure significantly exceeded the forecasts of analytical agencies.
The movement around the local high of the mid-term trend indicates a prevailing bullish sentiment among market participants.
The close of the past trading week above the 1.3300 level indicates a prevailing bullish sentiment among market participants, which has already led to an update of the mid-term high.
The preliminary estimates of business activity indices are expected to be released today. In the Eurozone and the UK, no significant changes are anticipated for the main indicators, while in the United States, a noticeable decline is projected. Specifically, the composite business activity index in the US is expected to decrease from 54.6 points to 53.0 points.
Considering the potential for further selling of dollar positions in financial markets, the euro's upward momentum could lead the price to reach at least the resistance level of 1.1200/1.1280. For more significant price changes, it will be necessary to stabilize above these levels, which would indicate an update of the mid-term high. Until then, the resistance area will continue to exert pressure on buyers.
The price has stabilized above the 1.3300 level, which indicates the potential for further growth of the British pound. A gradual movement toward the 1.3600 level is possible if the upward cycle remains uninterrupted. However, if the price drops below 1.3300, a temporary stagnation or pullback may occur.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
Ferrari F8 TRIBUTO
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